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Zumtobel Group AG (ZUMV.VI)

ZUMV.VI on Vienna Stock Exchange

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Tue, Sep 4 2018

BRIEF-Zumtobel Group Q1 Net Profit Down At EUR 2.8 Million

* Q1 NET PROFIT OF EUR 2.8 MILLION (PREVIOUS YEAR: EUR 9.7 MILLION)

Zumtobel CEO says expects UK business to stabilise in coming months

VIENNA Austrian lighting group Zumtobel suffered a 24 percent fall in revenue in its main British market last year but expects it to stabilise in coming months, Chief Executive Alfred Felder said on Thursday.

Zumtobel makes full-year loss, sees further revenue decline

June 28 Austrian lighting group Zumtobel said on Thursday it expected its revenues to fall further in the first half of the current financial year, hurt by a decline in its UK operations and pricing pressures in the lighting industry.

BRIEF-Zumtobel Group FY Net Loss At EUR 46.7 Million

* PTA-ADHOC: ZUMTOBEL GROUP AG: PROFITABILITY IMPACTED BY REVENUE DECLINES AND INTENSE PRICE COMPETITION

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